HUBTOWN LTD. - 532799 - Announcement under Regulation 30 (LODR)-Issue of Securities
This is to inform that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III, Part A, Para A, Clause 2 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Board of Directors of the Company in its meeting held today on January 25, 2024 has inter-alia approved the issuance of Secured, Unlisted, Redeemable and Non-Convertible Debentures ('NCDs') of up to Rs. 70,00,00,000 (Rupees Seventy Crores only) on private placement basis in one or more tranches. Further, as per the requirements provided under the master circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 issued by the Securities Exchange Board of India, please find the disclosures in respect to the issuance of the aforementioned Securities as provided herewith.25-01-2024